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Dec 6, 2013
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in this includes the tax benefits markedly and this has been a laudable accomplishment. but it also increases the income level at which people can get these american opportunity tax credit all the way up to $180,000. we ran from the 80th percentile to the 95th percentile. .. >> leslie one of you mentioned the cost of books for students. we filed some legislation trying to get the textbook materials more accessible to online to reduce the cost. can anyone speak to the cost of high textbooks? >> acosta of textbooks definitely has increased over the last number of years and goes up every year. most institutions that i am familiar with have a variety of ways that students can get those books. we implemented a program they kiev rent the textbooks so we always have the buyback provision to bring them back at the end of the semester. they can read to them. they have the opportunity to purchase a textbook as a nod to college provider right now what we have not been able to solve is the community college students who want to buy books electronically ian to provide them money up f
in this includes the tax benefits markedly and this has been a laudable accomplishment. but it also increases the income level at which people can get these american opportunity tax credit all the way up to $180,000. we ran from the 80th percentile to the 95th percentile. .. >> leslie one of you mentioned the cost of books for students. we filed some legislation trying to get the textbook materials more accessible to online to reduce the cost. can anyone speak to the cost of high...
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Dec 5, 2013
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k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for taking my call. food stamps is not one of the areas that needs to be cut. it
k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise...
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Dec 4, 2013
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and because even with strengthened that safety net and extended pro-work and pro-family tax credits, a recent study found that the poverty rate has fallen by 40% since the 1960s. and these endeavors didn't just make us a better country. they reaffirmed we're a great country. so we can make a difference on this. in fact, that's our generation's task, to rebuild america's economic and civic foundation to continue the expansion of an opportunity for this generation and the next generation. and like -- [ applause ] and like nira, i take this personally. i'm only here because this country educated my grandfather on the g.i. bill. when my father left and my mom hit hard times trying to raise my sister and me going to school, this country helped make sure we didn't go hungry. when michelle, the daughter of a shift worker at a water plant and a secretary, wanted to go to college just like me, this country helped us afford it until we could pay it back. so it drives me as a grandson, a son, a father, as an american, to make sure that every striving,heart hard-working, optimistic kid in americ
and because even with strengthened that safety net and extended pro-work and pro-family tax credits, a recent study found that the poverty rate has fallen by 40% since the 1960s. and these endeavors didn't just make us a better country. they reaffirmed we're a great country. so we can make a difference on this. in fact, that's our generation's task, to rebuild america's economic and civic foundation to continue the expansion of an opportunity for this generation and the next generation. and...
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Dec 4, 2013
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it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where the magic happens and that is to take those interests that the strike countries and turned them into a majoritarian compromise. when we get to the issue of taxes, that is one of the most divisive issues facing the country. so when someone comes before the congress and says i want my group to be excluded, it obviously produces a great deal of heat. some people say how about my group, how long should this apply? it is the most divisive issue raised in congress and that is why it was given to the congress so that type of issue would be subject to the transformative process of the legislation. >> so do you belief
it seems to me that he has the authority to amend the taxes which the affordable healthcare tax is according to the supreme court what is to prevent him from just amending the any tax to his liking. mr. turley weigh in on this if you would. >> i have to agree first of all oon the remark about article on, as i said before it is true that they are all equal branches, but the framers spent most of their time on congress because it is something harder than the madisonian system. it's where...
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Dec 5, 2013
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near to date has been through a tax cap. a lot of other budget cuts. the things that teachers actually need to do, work together, use the standard as a guideline on a straitjacket, have curriculum, method not happen. in a couple places it did, in a lot of places it did not. the big mistake that both the federal government made and other people -- king would say to you, i was sick and tired of telling people what to do and then not doing it. that is not your job to tell people what to do. your job is to help navigate people through this again actual ship. consequently, last year, new york, there were elementary schools these tests. a lot of people were not prepared. the question is, how did they actually know the exact number? it creates teachers draft. you can actually figure out what the cut scores were and how to align it. between the lack of preparation for teachers, the lack of communication with parents, and the sense that you are using the data, using the kids' data, and you know exactly where the scores will come in. this year, what has happened
near to date has been through a tax cap. a lot of other budget cuts. the things that teachers actually need to do, work together, use the standard as a guideline on a straitjacket, have curriculum, method not happen. in a couple places it did, in a lot of places it did not. the big mistake that both the federal government made and other people -- king would say to you, i was sick and tired of telling people what to do and then not doing it. that is not your job to tell people what to do. your...
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Dec 5, 2013
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to set some spending so we can have regular order, to change some of the sequester , and no big, new taxes. no big changes in entitlements. --s that just sound like does that gist semi-something the president can work with? >> you need to see the specifics. the democrats are pretty unified in terms of the things that are most important. one of the most important things , which will be a framing concept of what you accept, we of the at this stage economic recovery, we are recovering. we are getting there. we want to have this agreement be a part of what can further support economic growth and job creation. sequester, replace which are cuts to discretionary , replace that with longer-term issues. we maintain deficit reduction in , but for right now, what we need now is a little more that. that is one of the most important parameters. >> one of your most important priorities is -- >> replacement of the sequester. cuts across the board. the sequester was a tool that was put in lace -- it was a threat. -- put in place. it was a threat. we are in a situation where both republicans and democrats
to set some spending so we can have regular order, to change some of the sequester , and no big, new taxes. no big changes in entitlements. --s that just sound like does that gist semi-something the president can work with? >> you need to see the specifics. the democrats are pretty unified in terms of the things that are most important. one of the most important things , which will be a framing concept of what you accept, we of the at this stage economic recovery, we are recovering. we...
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Dec 5, 2013
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the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am getting comments from constituents in the district who medicare advantage folks now their benefits are being reduced. they are losing access to their preferred physicians. this is under the current system now. my question is how much worse can this get for my seniors who opt out for medicare advantage? again if the strategy for controlling costs is a traditional one of just cutting the provider members and whether its doctors, hospitals, it will backfire. that approach without reform that gives you the prevention and coordination and the better care congress ends up having to put the money back in because you ha
the facts on the ground are that in recent years the gap between the premiums into payroll taxes going in is $300 billion. >> that is a cash flow deficit. we get 10,000 beneficiaries every day and the absence of general reform that allow people to get the care that they need and deserve and abby slover cost growth it will fall under its own financial weight. >> for the secretary to affirm, $500 billion that isn't really chump change in the big picture of health care costs. i am...
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Dec 6, 2013
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>> in a pure market, they would be no tax subsidies. but many of the resources to dig into the market have tax subsidies of one sort or another that are not taken into account in the market price. >> commissioner, sir. >> it will affect an open marketplace. having said that, i am concerned some of the nuclear facilities that have been closing i'd like you never tiring because the negative night time pricing is a concern for me because the long-term stability of these low fuel in our system is important. >> yeah, we need those. >> commissioner clark. >> i would agree for the reasons you've identified. obviously the decision for congress to make whether they will be ptc are not clearly does have a market distorting impact, especially in very wind rich parts of the country and at certain times of day at certain times of the year. >> one follow-up question for mr. krantz questioned about our reliability past year in congress. yes or no, that were not there still agree it is bad policy to trap companies between two regulators with different
>> in a pure market, they would be no tax subsidies. but many of the resources to dig into the market have tax subsidies of one sort or another that are not taken into account in the market price. >> commissioner, sir. >> it will affect an open marketplace. having said that, i am concerned some of the nuclear facilities that have been closing i'd like you never tiring because the negative night time pricing is a concern for me because the long-term stability of these low fuel...
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Dec 4, 2013
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let me start with a low-hanging fruit, tax benefits. the hope scholarship tax credit used to limit $120,000 in family income. that is the 80th percentile nationally. the obama administration which i worked 10 extended the higher education tax benefits for -- markedly and i think that is then a laudable accomplishment but it also increased the income level at which people can get an american opportunity tax credit formerly hope all the way up to $80,000 away from the 80th percentile to the 95th percentile. why are we providing tax benefits and that some $7 billion a year to folks in the top income quintile. why is it that mitt romney -- i have three, 529's but why can mitt romney get tax benefits attached to it when he is students need of pell grants? closer to an attack site but i think there are others in the committee's jurisdiction. >> that is an interesting concept and we may follow up with you. the other is financial incentives to borrowers that have ffel loans to get them to convert their debt to a direct loan on that basis. have
let me start with a low-hanging fruit, tax benefits. the hope scholarship tax credit used to limit $120,000 in family income. that is the 80th percentile nationally. the obama administration which i worked 10 extended the higher education tax benefits for -- markedly and i think that is then a laudable accomplishment but it also increased the income level at which people can get an american opportunity tax credit formerly hope all the way up to $80,000 away from the 80th percentile to the 95th...
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Dec 9, 2013
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people, young people today, know that their concern is not the tax rate that they're going to pay as they get older. their concern is getting a job at all. and getting some relief from what wall street has engineered. this incredibly unfair debt burden. and it's no accident that the board of third way is comprised of wall street bankers and that the policies they are pushing are privatization of social security, lower taxes for the very, very rich, and no relief, no common sense relief, for example, like the proposal before congress now to allow students to refinance their student loan debt the same way homeowners refinance their mortgage. i mean, just common sense, reasonable policies for people who don't have a lot of money. and that's where millennials and gen xors are. >> john fugelsang, it seems we can now find the moderate republicans in the third way. >> well, i think you're right. and i'm always moderately shocked when moderate democrats say the party needs to be more moderate. i'm not a democrats but republicans do keep forcing me to vote for the party. and watching this is
people, young people today, know that their concern is not the tax rate that they're going to pay as they get older. their concern is getting a job at all. and getting some relief from what wall street has engineered. this incredibly unfair debt burden. and it's no accident that the board of third way is comprised of wall street bankers and that the policies they are pushing are privatization of social security, lower taxes for the very, very rich, and no relief, no common sense relief, for...
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Dec 5, 2013
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taxes, raise the cost for everybody else. if you just track down deadbeat taxpayers, people hiding their money overseas, you could actually cover the cost. so, our plan pays for one year of unemployment compensation. downg the government set to shutdown, this economy lost unnecessary,or an shameful action. the cost of providing compensation for the next year, 24 billion dollars. we do pay for it. theay for it by making sure deadbeats and people trying to hide their money pay their share of taxes. >> you seem to have an array of questions. turn to ourto ranking member on the appropriations committee for her .iew >> thank you, madam leader. i will just mention a few things. number one, it is very clear from chairman rogers and all of the 12 cardinals, chairs of the , theyriations committee have issued a statement. they have discussed the process more than once. they have made it clear they don't want to continue -- want a continuing resolution. they want to have a budget that is workable. i mention this because my colleague tal
taxes, raise the cost for everybody else. if you just track down deadbeat taxpayers, people hiding their money overseas, you could actually cover the cost. so, our plan pays for one year of unemployment compensation. downg the government set to shutdown, this economy lost unnecessary,or an shameful action. the cost of providing compensation for the next year, 24 billion dollars. we do pay for it. theay for it by making sure deadbeats and people trying to hide their money pay their share of...
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Dec 10, 2013
12/13
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also, our special series this week of a users guide to taxes. important information on what to do now before the new tax year begins. and what not to buy. we are breaking down the list of children's toys to avoid. we are watching out for you tonight on "the willis report." ann the mako. ♪ ♪ ♪ gerri: we begin tonight with a rare
also, our special series this week of a users guide to taxes. important information on what to do now before the new tax year begins. and what not to buy. we are breaking down the list of children's toys to avoid. we are watching out for you tonight on "the willis report." ann the mako. ♪ ♪ ♪ gerri: we begin tonight with a rare
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Dec 8, 2013
12/13
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corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america. government didn't do this. you did this. government didn't discover and create motown greats like smoky robinson or diana ross. today doesn't need to be any different. we need to look at ourselves, look in the mirror and allow ours the freedom to create and innovate. you have leaders like this. think of dan gilbert of quicken loans that are pouring their hearts and souls and money into detroit. quicken loans has spent more than $1 billion in detroit over the last few years and moved 3600 employees into the city. creating thousands
corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america....
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Dec 4, 2013
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need to change all of them so the country will benefit from the revolution of the people while anti tax and protesters plan the next phase of the return to topple the elected government parents and sister the current prime minister called for dialogue. all i would like to avoid academics businessmen and groups from all walks of life including political protesters to work to get there and hold a forum to express their opinions to find an answer and reform the political situation into a democratic system or taking as its leader the guard louis demonstrators see the one in block shinawatra not hinting that the plan to resume their ancient ones that came to blows at his birthday candles in all screwy and powerful and cool the skin joan hughes may have been roomies from his pace as according to to make is in south korea the country's spy agency told them that johnstone kayak vice chairman of the north's top of that utility companies seen in for a few weeks ago michael is a saying that to be uncouth close aides have been executed for corruption not to abide in his voice us opposition to china
need to change all of them so the country will benefit from the revolution of the people while anti tax and protesters plan the next phase of the return to topple the elected government parents and sister the current prime minister called for dialogue. all i would like to avoid academics businessmen and groups from all walks of life including political protesters to work to get there and hold a forum to express their opinions to find an answer and reform the political situation into a...
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Dec 4, 2013
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so right now it's mild. 53 rockville. 52 in reston and 55 fair tax. this is kyle -- fairfax. this is quite a deal. 53 college park and even 56 in waldorf. okay, so mild tonight. mainly dry. you may see a couple of showers but primarily after midnight. and then mild at the bus stop. 48 to 54. that's a good deal. and then the 60s roll in tomorrow. we're talking -- we're not talking about low 60s we're talking about mid- to upper 60s and well into the 60s everybody tomorrow and then a wet finish to the week. and weave had showers in all week but i think friday would be good day to actually take your umbrella. enough showers to warrant that. for tonight, mostly cloudy. quite mild. shower possible. low only around 50 and winds out of the south at around 10 and maybe some upper 40s in the 'burbs but either side of 50. certainly downtown. 60 by 11:00. and low 60s by 1:00. next three days, still mild on friday. good news. bad news some showers and some light rain. 60. maybe a morning shower on saturday. then colder. only in the 40s on saturday. that will set the stage for what is not
so right now it's mild. 53 rockville. 52 in reston and 55 fair tax. this is kyle -- fairfax. this is quite a deal. 53 college park and even 56 in waldorf. okay, so mild tonight. mainly dry. you may see a couple of showers but primarily after midnight. and then mild at the bus stop. 48 to 54. that's a good deal. and then the 60s roll in tomorrow. we're talking -- we're not talking about low 60s we're talking about mid- to upper 60s and well into the 60s everybody tomorrow and then a wet finish...
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Dec 10, 2013
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taxes will go up because the bill will be massive. they will force young people to buy in and employed people to pay more, period. they have to. >> penny? >> under the existing system we were paying for the young and healthy to get into a car wreck and go into the mrnl room. taxpayers were already paying for it. for them to have affordable health care at a base minimum of what the package could be, some of it could be $50. it will be able to lessen the burden. >> a young person would rather have catastrophic care with with a high deductible because odds are they aren't going to get sick at a young age. if they got cancer or this a car accident they would be covered. this doesn't give them the option. >> it does, if they sign up. >> no, it doesn't. >> if they sign up at the base level, yes. they are able to have catastrophic coverage. >> why are people losing coverage they like? it doesn't meet the, quote standards in the law. >> there is an improved standard. >> you have to take the plan -- >> you're making my point. lots of people ga
taxes will go up because the bill will be massive. they will force young people to buy in and employed people to pay more, period. they have to. >> penny? >> under the existing system we were paying for the young and healthy to get into a car wreck and go into the mrnl room. taxpayers were already paying for it. for them to have affordable health care at a base minimum of what the package could be, some of it could be $50. it will be able to lessen the burden. >> a young...
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Dec 5, 2013
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is the uk taxpayer funding a tax break for the transfer of stolen files a? >> you may not be fully with the tax laws, so i think we'll move on to our next question or. spent i don't think why you should move on. >> order, mr. ellis. mr. winnick. >> perhaps you're fortunate not to be in a moscow courtroom in the 1930s, mr. rusbridger. were you surprised at the amount of intelligence gathering which was revealed as result of what snowden gave to your newspaper and other media outlets? >> i think many people are staggered by the amount of speed you yourself, if i may interrupt. were you staggered and surprised? >> i was staggered. i think we all knew that the intelligence agencies collected a lot of data, and people are still trying to make out as though nothing has changed in the last 15 years since the laws were passed. we have a lot of analog laws that deal with the digital world. i think the last series law that was passed about any of this matter was 2000, which was at a time when facebook hadn't been invented and when google+ to doing its initial funding
is the uk taxpayer funding a tax break for the transfer of stolen files a? >> you may not be fully with the tax laws, so i think we'll move on to our next question or. spent i don't think why you should move on. >> order, mr. ellis. mr. winnick. >> perhaps you're fortunate not to be in a moscow courtroom in the 1930s, mr. rusbridger. were you surprised at the amount of intelligence gathering which was revealed as result of what snowden gave to your newspaper and other media...
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Dec 6, 2013
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low taxes. of course, wee got to cut taxes. >> president obama sits back and watches this unfold. ken senator rand paul taking action. >> the kentucky senator wants to keep detroit a conservative utopia. >> what i'm promoting is something called economic freedom zones. >> these zones free up detroit to bail themselves out. >> reduction in individual and corporate tax rates. >> get rid of the capital gains. >> reduce the red tape and let businesses thrive. >> this is horrible. this idea much. >> i think really what we need to do is try something different. >>. >> let's turn now to michael eric dyson, georgetown university professor and msnbc political analyst. that's all you've got to do, professor, is just take that red tape and then cut it. >> and then all of a sudden these jobs are going to show up. rand paul in detroit, and he wants to open up the gop's african-american engagement the office to reach out to voters. i mean, is he the best ambassador to the party? your thoughts on this effort. >> yeah, if he is, ed, it's a pretty -- it's an awful shame. because, look, his heart,
low taxes. of course, wee got to cut taxes. >> president obama sits back and watches this unfold. ken senator rand paul taking action. >> the kentucky senator wants to keep detroit a conservative utopia. >> what i'm promoting is something called economic freedom zones. >> these zones free up detroit to bail themselves out. >> reduction in individual and corporate tax rates. >> get rid of the capital gains. >> reduce the red tape and let businesses...
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people who are here -- this is a tax. he cannot change tax laws. i wish she would bring that truck driver agreement and when he signed it into law and throughat up immigration and stuff like that. give the american people a voice. the house judiciary committee held a hearing recovered -- we about the president and executive power, republicans siding that he change the health power andy executive that he has done the same on other issues. that,'re interested in you can go to our website c- span.org and you can see it there. we covered that hearing yesterday. that policyying differences don't constitute a constitutional crisis. that was their opinion of yesterday's hearing. in ohio.to ed republican. caller: good morning. of course people should be fired. from the head of the fish to the bottom. there is a pattern in this whole administration. it is nonstop. denial, denial, deny -- they are --yal to ridiculously that would be the last person he would fire. people keep forgetting all of these little things they slipped in. he is very bright. he came in
people who are here -- this is a tax. he cannot change tax laws. i wish she would bring that truck driver agreement and when he signed it into law and throughat up immigration and stuff like that. give the american people a voice. the house judiciary committee held a hearing recovered -- we about the president and executive power, republicans siding that he change the health power andy executive that he has done the same on other issues. that,'re interested in you can go to our website c-...
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Dec 9, 2013
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the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. calle
the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a...
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Dec 3, 2013
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." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a lower court ruling in new york. it ruled that websites like amazon and overstock must pay sales tax the same way in-state businesses do. the supreme court decision came on what appears to be the busiest online shopping day of the year, cyber monday. early indications are that online sales yesterday were up 17.5% from last year. mobile devices accounted for nearly a third of all online shopping. >>> stocks in asia finished mostly lower amid key reports in the u.s. hong kong's hang seng's lost 0.5%. tokyo's nikkei gained 0.5% to its highest close in six years thanks to a weekend yen. the dow jones lost 77 points
." >>> on the "cbs moneywatch," the days may be numbered for tax-free web shopping. and why you want to check your lottery tickets. wendy gillette has more. >> good morning, anne-marie. the cost of online shopping may be headed up as more states could start collecting sales taxes on internet purchases. this after the supreme court refused to get involved in state efforts to force online retailers to collect sales taxes from their customers. the case involved a...
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Dec 4, 2013
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taxing political contributions. again, not in the law. political speech disclosures for federal contractors. the deepwater drilling ban. mr. holder's attempt to reform criminal justice by selectively enforcing our laws. the, mr. obama unilaterally ignoring immigration laws in many cases. recess appointments. "fast & furious" where, were unconstitutional efforts there to walk guns. unconstitutional wiretaps of the ap. the irs scandal, one of the more egregious ones as the gentleman mentioned, subverts the entire political process. and of course obamacare which i'll touch on in a moment. but all of these are examples where this president, in the words of my friends on the left, has, as exercised prosecutorial discretion. that's the word. presidential pardon powers but i think they're more along the lines of professor turley said. these are, could be considered royal prerogatives. if my history is right, that's what we had the little unpleasantness with great britain about and, so the subject here is of profound significance. and i would sug
taxing political contributions. again, not in the law. political speech disclosures for federal contractors. the deepwater drilling ban. mr. holder's attempt to reform criminal justice by selectively enforcing our laws. the, mr. obama unilaterally ignoring immigration laws in many cases. recess appointments. "fast & furious" where, were unconstitutional efforts there to walk guns. unconstitutional wiretaps of the ap. the irs scandal, one of the more egregious ones as the gentleman...
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Dec 2, 2013
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only thing they agree is taxes should be lower. if they try to do anything else they run into a freak out problem with the base. they need to try to be willing to let some of those voters go elsewhere or stay home or reach out to new people. until they do that -- >> they need to leech themselves. the republican party has failed in terms of creating a governing platform, the tea party has won in that the goalposts moved far to the right, broud bipartisan, budget talks, extending unemployment benefits is a democratic ask. i wonder what you think -- bernie sanders said to the "washington post," i don't wake up every morning saying oh, my goodness, i don't wake up every morning and say i want to be president. but if nobody is going to do it, i'll do it. there's talk about elizabeth warren, bill dallas i don't, if not more resurgent, ascend ant in the last years. >> one of the things that happens through the end of press tension administration politics gets broader and more imaginative and more hinged to the personalities that run it. b
only thing they agree is taxes should be lower. if they try to do anything else they run into a freak out problem with the base. they need to try to be willing to let some of those voters go elsewhere or stay home or reach out to new people. until they do that -- >> they need to leech themselves. the republican party has failed in terms of creating a governing platform, the tea party has won in that the goalposts moved far to the right, broud bipartisan, budget talks, extending...
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Dec 4, 2013
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special interests, that it protects the american public trying to go to work, and not protect those with tax breaks to help them continue to live off the public trough. we hope that the budget conference understands that the american people are looking for us to give good direction, and american business is looking for congress in the conference to give stable to business knows what it can do to invest, to create business opportunities, to expand its operation. w4r we end up with a -- whether we end up with a deal or not, i believe the republican shutdown of the government taught a lot of politicians a lesson, and that is don't tinker with the livelihood of the american people, and so i'm more optimistic a deal can be reached. unfortunately, i think rather than get to a point where we really get a good deal for the american public that helps launch the american economy and create more jobs, i think we'll end up with something modest, and the american public wonders why, again, we continue to have this psyche of failure, obsession of doing things that go nowhere rather than do the work of the
special interests, that it protects the american public trying to go to work, and not protect those with tax breaks to help them continue to live off the public trough. we hope that the budget conference understands that the american people are looking for us to give good direction, and american business is looking for congress in the conference to give stable to business knows what it can do to invest, to create business opportunities, to expand its operation. w4r we end up with a -- whether...
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your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their0-year lipper average t. rowe price. invest with confidence. with investment information, risks, fees and expenses to read and consider carefully before investing. daymac new home sales surging in october taking home builder stocks with them. nicole petallides is at the stock exchange. >> helped to bring them off of the lows of the day, they are not far off of the unchanged line but the new home sales numbers came in and beat the street expectations with a rise of 20.4% to 440,000 beating the estimate of 426,000. of up arr
your tax cheat if you are not paying your sales taxes. and people are paying big bucks for sports memorabilia. from the ballfield may be. people pay money for anything. that is what they are paying for a barrel of oil. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of...
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Dec 2, 2013
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interest rates would be to have a government who believed in more borrowing, more spending, and more taxing. that is what would drive up interest rates, that is what would hit the cost of living and that is what every family in this country should dread. >> order. >> you're been watching prime minister's questions. question time airs on c-span2 every wednesday. again on sunday night at 9:00 p.m. eastern on c-span. you can watch anytime at c- span.org. >> a conversation with supreme court justice elena kagan about the inner workings of the supreme court. after that, a discussion of the constitution and the rule of justice with supreme court justice clarence thomas. then, the future of the republican party is seen by strategist anna navarro. >> next, supreme court justice elena kagan discussing the working of the u.s. supreme court at the university of alabama law school. >> i'm having to get used to that title. we appreciate your service in this role. i join inand welcoming justice kagan to the university of alabama. we are honored by your presence. i want to give you a few vital statistics
interest rates would be to have a government who believed in more borrowing, more spending, and more taxing. that is what would drive up interest rates, that is what would hit the cost of living and that is what every family in this country should dread. >> order. >> you're been watching prime minister's questions. question time airs on c-span2 every wednesday. again on sunday night at 9:00 p.m. eastern on c-span. you can watch anytime at c- span.org. >> a conversation with...
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Dec 2, 2013
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you would have a humongous tax bill brought on by yourself, and so far not many losses do. if you're an institution, you want to show your clients that you own it. that makes the stock blessed. third, unlike most of the bricks and mortar outfits out there, amazon does have a real mystery. the possibly of a lights out quarter could be in the cards. walmart and target keep going down. finally, when it comes to the worth of amazon, there is a simple answer you can get. it's worth what people will pay for it. the answer is they'll pay $400, or $178 billion for the stock where it was trading this morning before the pullback. that's when the discipline comes in. as i've been saying for a while now, you have to recognize that the idea of a bubble in stocks has kept you out of so many winners that it's just unforgivable. if you're a performance manager. look, i can't blame anyone for wanting to sell amazon, or so many other stocks for that matter based on valuation. i know it's way too expensive for my charitable trust. we're not going to do that. but this weekend also on twitter s
you would have a humongous tax bill brought on by yourself, and so far not many losses do. if you're an institution, you want to show your clients that you own it. that makes the stock blessed. third, unlike most of the bricks and mortar outfits out there, amazon does have a real mystery. the possibly of a lights out quarter could be in the cards. walmart and target keep going down. finally, when it comes to the worth of amazon, there is a simple answer you can get. it's worth what people will...
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Dec 2, 2013
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they passed a tax increase with the president, but in general not a lot moving. things are going to move on and they are looking and talking about hillary clinton and what's going to happen then in 2017 as if he's a lame duck already. >> that doesn't help. this quote is like -- the problem the president has is that perception among democrats in washington that he's already a lame duck. that's what the quote screams. >> you have to separate out what goes on here. the thinking of people here and the calculations and all that. with the rest of the country. >> but i think what happened this year is that it has infected the culture of the political class who are watching the president. i think that turning that around, even if the health care law, the website begins to work better and there were further signs of improvement. it's a larger problem than bouncing back. >> the bigger issue this year is one of the things about this idea that politics, both parties are a mess. both parties. the president is a mess. the alternative seems like the unexpected in 2014 will be h
they passed a tax increase with the president, but in general not a lot moving. things are going to move on and they are looking and talking about hillary clinton and what's going to happen then in 2017 as if he's a lame duck already. >> that doesn't help. this quote is like -- the problem the president has is that perception among democrats in washington that he's already a lame duck. that's what the quote screams. >> you have to separate out what goes on here. the thinking of...
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Dec 10, 2013
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so as we approach tax season, that's one to watch. by the way they report earnings after today's closing bell. one stock you will want to watch hrb. what about one of the biggest companies in the world, we're talking about exxon mobil, yeah, it's been an underperformer relative to the overall market but hit an all-time high yesterday and it was the second best performing stock in the dow last week. over the course of the shorter term this stock has been up about 2% to 3% in the last couple weeks. when we talk about stocks it's not always about the momentum, guys. sometimes these big names can manifest themselves in great stock performance even over the shorter and longer term. >> thank you very much. talking about studs, dominic chu. >>> yesterday herb told us he was having a hard time, he was having a hard time picking his worst ceo of the year list. he reached out to you, dear viewer, asked you to help him and, i believe, you delivered. bring herb back in with an update. >> it is very interesting. they said there are a number of peo
so as we approach tax season, that's one to watch. by the way they report earnings after today's closing bell. one stock you will want to watch hrb. what about one of the biggest companies in the world, we're talking about exxon mobil, yeah, it's been an underperformer relative to the overall market but hit an all-time high yesterday and it was the second best performing stock in the dow last week. over the course of the shorter term this stock has been up about 2% to 3% in the last couple...
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Dec 9, 2013
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the others will accept fees, does that count as a tax or something okay. and grover norrequisite has talked about this. he basically said he wasn't in -- norquist has talked about this. it's going to be close. >> brad, appreciate your time. thank you. >> thank you. >> he's from the washington post and joining us from washington, good to talk to you. >>> a brutal mix of ice, snow and bitter cold has become a really deadly mix from coast to coast right now. travel is dangerous. and if you have booked a flight you may want to call ahead before you get to the airport. chances are it would be a good bet. let's get a check on the weather system now with meteorologist dave warren. dave. >> yeah, it looks like the weather system is really holding together. it's moved out, we're getting a break between system, the pattern is really the same. we could first see this winter weather developing across the northern plains. this is the actual temperature but when you factor in the wind speed i.t. goes to 20 below, fargo, north dakota is 21 below. there might not be a lot
the others will accept fees, does that count as a tax or something okay. and grover norrequisite has talked about this. he basically said he wasn't in -- norquist has talked about this. it's going to be close. >> brad, appreciate your time. thank you. >> thank you. >> he's from the washington post and joining us from washington, good to talk to you. >>> a brutal mix of ice, snow and bitter cold has become a really deadly mix from coast to coast right now. travel is...
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Dec 9, 2013
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are not willing to cut medicaid, and republicans are not willing to do tax hikes. paul ryan and patty murray basically decided that they were not going to go after the sacred cow of the other party. they were just going to it something that was possible, and they decided by looking at all these failed attempts in the past, we will not go there. we will do something that is much smaller, but doable. host: we are talking with ian swanson. there will still be a big budget debate in early 2014. what does that look like? will: one thing this deal not do is it will not raise the debt ceiling. at some point exterior they will have to do that. it is a legal -- little difficult to forecast when it will be, in part because the economy is starting to behave more strongly and as a result that extends the time in which the treasury department can do things. they call them extraordinary measures, to prevent hungers from having to raise the debt ceiling. at some point in time congress will have to do that. the earliest is february, but much more likely that it is sometime close t
are not willing to cut medicaid, and republicans are not willing to do tax hikes. paul ryan and patty murray basically decided that they were not going to go after the sacred cow of the other party. they were just going to it something that was possible, and they decided by looking at all these failed attempts in the past, we will not go there. we will do something that is much smaller, but doable. host: we are talking with ian swanson. there will still be a big budget debate in early 2014....
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Dec 3, 2013
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this is tax law season where investors sell their losers to offset the gains they made. and people got gains galore. at a moment a few stocks are down, selling ibm and cat could be particularly brutal. once we get to 2014, there will still be plenty of more long-term problems here. ibm is being challenged by the cloud. its book of business is not in tune with the simple inexpensive nature of cloud computing. the whole watson thing, the race for the most powerful, analytical computer means nothing in this day and age. you won jeopardy, sold. many companies provide excellent data analytics. you don't need ibm. ibm offers the fabled one-stop shop. but then again, information technology outfits are increasingly going a la carte, something we saw with dream force, a celebration of everything that ibm is not. accused ibm as being irrelevant and not offering companies anything close to a bargain. heavy hardware, big iron, no thank you. meantime, ibm spends much of its free cash flow buying back stock. it's a giant cyclical company without any real growth at all. i have to tell
this is tax law season where investors sell their losers to offset the gains they made. and people got gains galore. at a moment a few stocks are down, selling ibm and cat could be particularly brutal. once we get to 2014, there will still be plenty of more long-term problems here. ibm is being challenged by the cloud. its book of business is not in tune with the simple inexpensive nature of cloud computing. the whole watson thing, the race for the most powerful, analytical computer means...
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Dec 3, 2013
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tax money to buy american-made. think back on jefferson who told his treasury secretary, give me a plan for the next century. the 18 hub's -- the 1800's. an economic development plan. and teddy roosevelt and then franklin roosevelt. eisenhower. men of vision, leaders of vision that were willing to step forward, willing to use the resources of this nation, collecting those resources and dispensing those resources across the nation, to build the foundation for economic growth. the make it in america agenda is available to us today. that agenda is a trade policy that protects american industry. not a free trade that gives it away, but a fair trade policy that protects american industry , a tax policy that encourages economic growth here in the united states. that rewards corporations for bringing it home and ends tax breaks for corporations that ship the jobs offshore. an energy policy that utilizes the great energy capacity of this nation, everything from conservation and wind and solar and indeed the petroleum produc
tax money to buy american-made. think back on jefferson who told his treasury secretary, give me a plan for the next century. the 18 hub's -- the 1800's. an economic development plan. and teddy roosevelt and then franklin roosevelt. eisenhower. men of vision, leaders of vision that were willing to step forward, willing to use the resources of this nation, collecting those resources and dispensing those resources across the nation, to build the foundation for economic growth. the make it in...
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and that's a good deal for them despite new taxes and regulations. so a lot of division in washington, a lot of back and forth. that's just part of life here. but certainly the insurance industry will benefit. >> doesn't fact the vast majority of white house get our health insurance appance from our employers, but other people are not affect -- for everybody else, go out and check it out yourself. don't listen to the narrative on either side. find out how it affects you and your family. thank you very much. >> thank you. >> the los angeles county coroner's office reports it will soon release the results of an autopsy on actor paul walker. in fact we could get it as early as today. paul walker died saturday when a porsche in which he was riding crashed into a tree in los angeles and burst into name investigators have said all along that speed was indeed a factor. medical examiners say paul walker runs body, along with the driver's body, are unidentifiable. they're reportedly waiting for paul walker's dental records to normally identify his remains. >>
and that's a good deal for them despite new taxes and regulations. so a lot of division in washington, a lot of back and forth. that's just part of life here. but certainly the insurance industry will benefit. >> doesn't fact the vast majority of white house get our health insurance appance from our employers, but other people are not affect -- for everybody else, go out and check it out yourself. don't listen to the narrative on either side. find out how it affects you and your family....
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they collect tax information that criminals could use for scams. >> they say you should build the security platform first so customers and consumer trust you and your product. >> the president will try to sign up on the federal exchange. do you think it will be smooth? send us a tweet and let you know what you think about the president's exercise in trying to sign up. >> when speaker boehner did this about a week ago it took about a couple hours. >> i think it is going to go smoothly when the president tries >> hearing on the hill about how the president has handled this. the house is looking to see if the president violated constitutional rulings. >> you can expect the tone to be tough today. look at what house chairman bob said quote president obama has disregarded the mandates and changed key provisions without approval and failed to enforce immigration and drug laws. it is apparent, he says, that the president's vested interest is in the interest of his own agenda. you can expect democrats to take up for the president. >> who are the witnesses on this? >> familiar faces from cable news
they collect tax information that criminals could use for scams. >> they say you should build the security platform first so customers and consumer trust you and your product. >> the president will try to sign up on the federal exchange. do you think it will be smooth? send us a tweet and let you know what you think about the president's exercise in trying to sign up. >> when speaker boehner did this about a week ago it took about a couple hours. >> i think it is going...
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Dec 10, 2013
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there are tax loops. there are provisions that encourage companies to move jobs overseas that we can close and pay for this. there are other provisions that would stop subsidizing significant multimillion-dollar corporate benefits so that american families could have a chance. so we can do this if we have to but we've got to do it. now, these loopholes that we've talked about and many of my colleagues talked about, they should be closed anyway, but if it helps pay for unemployment insurance, well, that's -- that's not only good, that's something that would be a very positive step forward. we need not only for the individual family but for the overall economy to extend these benefits and we have to start immediately. we're running out of time. we have just two weeks. and nothing's more important than getting people back to work and, as i said, if we don't do this, we're going to see 200,000 jobs that are going to be foregone in the next year. so this is about jobs as well as about keeping families together
there are tax loops. there are provisions that encourage companies to move jobs overseas that we can close and pay for this. there are other provisions that would stop subsidizing significant multimillion-dollar corporate benefits so that american families could have a chance. so we can do this if we have to but we've got to do it. now, these loopholes that we've talked about and many of my colleagues talked about, they should be closed anyway, but if it helps pay for unemployment insurance,...
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the senate side has been dead on arrival, whether it was immigration or fairness in internet sales tax. all of these measures coming over from the senate are literally wilting here, because the committee system on the house side is unwilling to take these measures up. so i think he is looking through a different lens. >> well, your colleagues on the other side of the aisle actually do have an idea that they want to put forward. and it would ease sequestration, a couple measure of the republican house caucus would like to ease sequestration by cutting social security. is that the kind of seriousness that americans are looking for out of congress, or in a way, should americans be kind of glad they're not getting a lot done because that's the kind of thing they want to do? >> well, good point. but that is -- in my view, dead on arrival, both among democrats and in the senate. to somehow say we want to ease sequestration so we can line the pockets of defense contractors and by the way we're going to do it on the backs of senior citizens in this country, is just an anathema, to me and most
the senate side has been dead on arrival, whether it was immigration or fairness in internet sales tax. all of these measures coming over from the senate are literally wilting here, because the committee system on the house side is unwilling to take these measures up. so i think he is looking through a different lens. >> well, your colleagues on the other side of the aisle actually do have an idea that they want to put forward. and it would ease sequestration, a couple measure of the...
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Dec 6, 2013
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i don't know where you are going to find the money except for the tax payer's pockets. >> just a few days after getting busted stealing a fan's seat at the buffalo bill's game in toronto he took an opportunity to weigh in on the washington redskins and their controversial name. >> why don't we look at the cleveland indians what do we call them next the cleveland aboriginals? it has been around for years and years. if they were offended when the name was first initiated when you started playing. how long have the skins have the name for? how long have the chiefs had the name for or cleveland indians had the name for years and years. all of a sudden the politically correct people have to come out now. i think everything is fine and i would just stick with the name. >> new details about an american teacher gunned down in the streets of benghazi. ronny smith taught chemistry at the benghazi school for over a year. he was days away from returning to the u.s. to be with his wife and child over christmas. he was shot while he was jogging by someone in a black suv near the u.s. consulate whe
i don't know where you are going to find the money except for the tax payer's pockets. >> just a few days after getting busted stealing a fan's seat at the buffalo bill's game in toronto he took an opportunity to weigh in on the washington redskins and their controversial name. >> why don't we look at the cleveland indians what do we call them next the cleveland aboriginals? it has been around for years and years. if they were offended when the name was first initiated when you...
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Dec 7, 2013
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the tax break was passed in 2007 - and helps homeowners get some debts forgiven. it kicks in when their debt outweighs the value of their homes. experts say a return of the tax could hurt the recovering housing market. >> coming up on the kron of 4 nils. the caltran holiday train is coming. still ahead, how to find out when it will roll through near you. >> they sure to tune in to the new is at 8:00 p.m.. i >> they sure to tune in to the new is at 8:00 p.m.. i will have the tech report. xñ i love watching tv outside. and why can you move the tv out here? the wireless receiver. i got that when i switched to u-verse. but why? because it's so much better than cable. it's got more hd channels, more dvr space. yeah, but i mean, how did you know? i researched. no, i-i told you. no. yeah! no. the important part is that you're happy now. and i got you this visor. you made a visor! yes! that i'll never wear. ohh. [ male announcer ] get u-verse tv for just $19 a month for two years with qualifying bundles. rethink possible. >> (music) >> cal-train's holiday train is bringi
the tax break was passed in 2007 - and helps homeowners get some debts forgiven. it kicks in when their debt outweighs the value of their homes. experts say a return of the tax could hurt the recovering housing market. >> coming up on the kron of 4 nils. the caltran holiday train is coming. still ahead, how to find out when it will roll through near you. >> they sure to tune in to the new is at 8:00 p.m.. i >> they sure to tune in to the new is at 8:00 p.m.. i will have the...
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Dec 8, 2013
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barack had 94 opportunities -- on the tax thing, i want to correct you on that again. and i want to let you know what i did as a mayor and as a governor. and i may not answer the questions that either the moderator or you want to hear, but i'm going to talk straight to the american people and let them know my track record also. >> you can see him, he's like, uh-oh, no. i guess the important thing, this does go to the idea that clearly, and this is from a cnn.com story, from back in 2008, clearly biden had been prepped specifically about running against a woman candidate and, in fact, in this story, no candidate for president or vice president in the history of the country has had more advice on what to say than senator biden had on his debate with senator palin. >> and he comported himself extremely well, because biden is not one to bite his tongue in any way, shape, or form. but i do think that for the republican party, again, this is going to be, especially with the tea party, and the tea party holds far more conservative views about women, about minorities, about th
barack had 94 opportunities -- on the tax thing, i want to correct you on that again. and i want to let you know what i did as a mayor and as a governor. and i may not answer the questions that either the moderator or you want to hear, but i'm going to talk straight to the american people and let them know my track record also. >> you can see him, he's like, uh-oh, no. i guess the important thing, this does go to the idea that clearly, and this is from a cnn.com story, from back in 2008,...
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Dec 5, 2013
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unincorporated area home to a fifth of the residents, it would control and run schools with its own tax residence. >> it's not about starting a city, it's about education. >> it's about 100% total about education. we came into this saying we want to take accountability for the schools in our area >> critics say st george would take more than accountability. the break-up could cost the city at large $53 million - 20% of its budget and would segregate the city. baton rouge is majority black. st george would be a majority white at a 3:1 ratio. >> now we would have white kids going to school over here on this end of the parish. white kids going to school on the ordinary end of the parish and in the middle the black kids. >> there's an income disparity. residents in baton rouge earn $58,000. residents in st george make 90,000. >> we have to go back to where we are segregating ourselves. i don't see it as a win. >> it's not a trend. both the white and black middle class have been fleeing baton rouge in search of new schools. those breaking away say it's not about race, but education. >> this
unincorporated area home to a fifth of the residents, it would control and run schools with its own tax residence. >> it's not about starting a city, it's about education. >> it's about 100% total about education. we came into this saying we want to take accountability for the schools in our area >> critics say st george would take more than accountability. the break-up could cost the city at large $53 million - 20% of its budget and would segregate the city. baton rouge is...
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trade adjustment assistance and tax extenders have been referenced. hopefully we could do all of those. of course, we have a very short period of time left to do that. let me ask the majority leader, given that short time, does the majority leader have a high degree of confidence that in fact he will be seeking to follow the calendar that's been set out by the majority leader to end this first session of this congress indeed on the scheduled date of december 13, and i yield to my friend? mr. cantor: i thank the gentleman for the recitation of his desired wish list for what he'd like to see on the floor. i'd like to remind the gentleman, mr. speaker, this house has passed well over 140 if not 150 bills very much focused on job creation, very much focused on trying to make sure that we address the needs of those who are most vulnerable right now, trying to make sure that we can sustain the safety net while equipping those that are without the tools necessary to get up on that ladder of success. unfortunately, mr. speaker, the senate has just refused to
trade adjustment assistance and tax extenders have been referenced. hopefully we could do all of those. of course, we have a very short period of time left to do that. let me ask the majority leader, given that short time, does the majority leader have a high degree of confidence that in fact he will be seeking to follow the calendar that's been set out by the majority leader to end this first session of this congress indeed on the scheduled date of december 13, and i yield to my friend? mr....
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Dec 10, 2013
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there will be no tax reform. there will be no significant deficit or debt reduction period. this is steady as she goes, just keep on going the way we're going now and don't rock the boat and no shutdown. bill: wonder if that could even pass in the house. we'll see. the headline underneath it is what for consumers? >> long suffering air travelers will take a big hit. bill: really? >> yes. it is proposed one of the small details in this deal, there is likely a proposal to extract an extra $25.9 billion from air travelers over the next 10 years. eight billion of that would go to take care of security. 18 billion would go towards deficit reduction. but airline travelers who take the hit, bill. bill: didn't see that one coming. the president wants to extend unemployment benefits. is that a deal-maker or a deal-breaker? >> it could be a deal-breaker depending how hard the president pushes and how hard democrats push for it in the senate and in the house. at the moment, come january, 1.3 million people who are receiving unemployment benefits now will be cut off. the president wants
there will be no tax reform. there will be no significant deficit or debt reduction period. this is steady as she goes, just keep on going the way we're going now and don't rock the boat and no shutdown. bill: wonder if that could even pass in the house. we'll see. the headline underneath it is what for consumers? >> long suffering air travelers will take a big hit. bill: really? >> yes. it is proposed one of the small details in this deal, there is likely a proposal to extract an...
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Dec 9, 2013
12/13
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taxes and regulations. talk about what you hear on the hill and what you are hearing at the white house. is there a chance to pass minimum wage through the senate? >> the minimum wage talk is you hear it more to the side than the unemployment talk. when minimum wage hiked in the bush year, it was 2007 and the country had not gone through a recession yet and even then it took a huge amount of capital to get it through. a famous senator on the senate really pushed the bill over the top and ended up getting it through. that was where we are now. i don't hear much optimism that we'll get to $10.10. you hear more about that. with respect to unemployment insurance, you are starting to see the debate heat up because it comes at a cruel time. it would be after christmas, december 28th. you had about 1.3 million people losing benefits. the question is, how do you pay for it? in the past it wasn't always paid for. $25 billion. the budget negotiations are trying to figure out if they can find money to pay for that $25
taxes and regulations. talk about what you hear on the hill and what you are hearing at the white house. is there a chance to pass minimum wage through the senate? >> the minimum wage talk is you hear it more to the side than the unemployment talk. when minimum wage hiked in the bush year, it was 2007 and the country had not gone through a recession yet and even then it took a huge amount of capital to get it through. a famous senator on the senate really pushed the bill over the top and...
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Dec 9, 2013
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come up with other ways to reduce cost, including abandoning employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big hit. >> it's become a complicated legal matter but one to follow closely for alfred and others like him across the country. melissa charn, al jazeera, stockton, california. >>> a huge deal has got passengers asking, will air flight be more expensive? american airlines and u.s. airways have completed their merger. four airlines now control 80% of the country's flights. david shuster is sitting in for ali velshi who is leading our team in johannesburg. dave, good to talk to you. what does the airline sector look like after this deal? >> tony, the latest round of consolidation began in 2005, american eagle, delta, nort
come up with other ways to reduce cost, including abandoning employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big...
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Dec 10, 2013
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number three, there's no new taxes. i would have hoped to have a little bit of entitlement reform but that apparently is too much to tackle. >> what do you think about the idea that democrats and republicans worked together on this? >> hallelujah. >> margaret is our next caller from seattle, washington, an independent. hi, what's your comment? >> i just wanted to congratulate ryan and murray for working together for something many of my democratic and republican friends all have as a major complaint. it's not discerning about the details. that's a really big disparity. a lot of us feel disenfranchised by the democrats because it's so sad to see the minority has ruled them instead of the majority of us who put them in place. so this is a really good thing for us. we're waiting for a few years. we kind of jumped off the democrat, went to independent, but there won't be an independent in the running it. will either be democrat or republican. so we're going to wait the next few years to see if they finish what they started,
number three, there's no new taxes. i would have hoped to have a little bit of entitlement reform but that apparently is too much to tackle. >> what do you think about the idea that democrats and republicans worked together on this? >> hallelujah. >> margaret is our next caller from seattle, washington, an independent. hi, what's your comment? >> i just wanted to congratulate ryan and murray for working together for something many of my democratic and republican friends...
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Dec 7, 2013
12/13
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we take a look at tax rates. it is congress that appears to allow a certain batch of temporary tax breaks to last at the end of 2013. ray from oklahoma city oklahoma, you are up next. are you there? good morning, you are on. i was calling about -- our man is going to make mistakes. the problem with the world, it does not have anything to do with obama. we have taken god out of everything he is doing. the next thing, minimum wage. i talked to a lot of people atut minimum wage at 7:25 -- $7.25 an hour. people say if you raise minimum wage, the influence will go up. everything else is already going up except minimum wage. years taken almost four to get it to seven dollars $.25. i am 61 years old, i am retired, and i have four kids. i have kids working for memo wage. they got student loans to pay back. journal"ll street talking about unemployment benefits in several stories, set to expire on september 28. several democrats are pushing for a vote to extend the benefits. house democrats propose renewing the program for
we take a look at tax rates. it is congress that appears to allow a certain batch of temporary tax breaks to last at the end of 2013. ray from oklahoma city oklahoma, you are up next. are you there? good morning, you are on. i was calling about -- our man is going to make mistakes. the problem with the world, it does not have anything to do with obama. we have taken god out of everything he is doing. the next thing, minimum wage. i talked to a lot of people atut minimum wage at 7:25 -- $7.25 an...
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Dec 10, 2013
12/13
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impact aid, now you folks are as we are when you go to areas where they're taking away the taxes from our system. impact aid is absolutely necessary. that will stop on december 31. the things that won't stop right then, but will be a major i'll mention two. to questions.pond any major projects under construction will have to stop work. example on the floor that contains -- the bill contains 136 million to continue replacement of the center of u.s. stradcome in the air force base nebraska. if this is not authorized, the work will have to stop. halfway ave to stop through. you take this, if we're not able to pass the bill, it will have to stop. 4,300 both g about of theers out of work. wasting not be millions, but billions of dollars if we don't do this. lot a good bill, contains a of provisions. both of the previous speakers -- speakers have articulated and a bill -- the only way we're going have a bill is to go ahead and do it this way. and i commend the -- the -- talking about the big four. we're the ones that we can go to today who spent a lot of time going over all of this. we have
impact aid, now you folks are as we are when you go to areas where they're taking away the taxes from our system. impact aid is absolutely necessary. that will stop on december 31. the things that won't stop right then, but will be a major i'll mention two. to questions.pond any major projects under construction will have to stop work. example on the floor that contains -- the bill contains 136 million to continue replacement of the center of u.s. stradcome in the air force base nebraska. if...